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Debt Relief Orders and Home Contents Insurance
My home contents insurance is with Saga. I'm due to renew but the issue of previous CCJ and a Debt Relief Order has come up. They have priced my renewal at £95 per annum more than my current policy. I am shopping around for an alternative provider online and have had some good prices but the issue of bankruptcy always…
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IVA info please
Hi, I have £8,300 debt I have had to give up work for health reasons and can no longer afford to repay my debts . I have always worked and am worried about doing this . The man I spoke to made it all sound very easy . Is there anything I should look out for before signing ? Many thanks
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Paying off iva
I have approx 2 years left on my iva. I hate it, it was a big mistake. I had just had a baby when I took it out and honestly don't think I was thinking straight! Anyho, my original debt is around 14000. On my creditfox app it says I've paid 3500 and have approx 3500 left , wiping out 50% of my debt. Now someone has offered…
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IVA Question
Hello all. I’ve been in an IVA for about 18 months now and all going well. However, one of my creditors hasn’t withdrawn any of the money I’ve paid in. They also continue to send me statements (albeit without any interest added and no follow up). I wanted to know what happens if I complete my IVA and they still haven’t…
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IVA fee's
hello, i have been paying into an IVA for 5 years. my original debt was 50k, my IVA is for 96 months but my latest chairmans report says i will repay 69k over the durationof my IVA. is this correct? the whole reason behind an IVA is to help, this doesnt seem to be helping me.
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DRO: when will my credit report change?
Good evening all I am writing to ask about debt relief orders (DRO). My DRO application was accepted 6 months ago and is showing on my credit report with £0. All of my included debts are still showing on my credit report. I just wanted to check, is this normal? Currently I am in my moratorium year, will the included debts…
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StepChange Vs Payplan
Hi all, after reading numerous accounts regarding StepChange and PayPlan I thought I would put my current situation out there for some extra advice please. This week I have been in conversation with PayPlan who have offered me to enter an IVA. I understand the implications, and the benefits of doing so outweigh the cons.…
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IVA with CreditFix has just been extended?
It's been a very long time since I last posted but I could really do with some help. So my IVA was set up with CreditFix in Oct 2019. It was at a reasonable amount to start (£136) with but then over doubled (£277) when they did my first annual review. At my second annual review I pointed out that some bills…
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Can I keep my car on HP if apply for IVA?
Hi, all so the cost of living has swamped me, problem is we were in an IVA about 5 years ago as well sadly ended up like this again mainly due to pandemic, cost of living and some high-interest loans. Yes I know I've made a mistake again :-( I thought a DRO would be good, but not sure can keep the car, and also debt…
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IVA
Hi I’m thinking of an IVA with Financial Support Systems - £60k of Debt and hoping for agreement to pay £400 a month. The IP have asked me to pay the £400 ahead of the creditors meeting which is early April is this normal?
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Cars For DRO
According to Parkers my car for a private sale is under £2000 but over if sold at a dealer. What price should I go by? Thanks
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IVA
Hi me and my husband been on a IVA since 2019, my husband works full time and me part time but this last year my mental health has been affected so I reduced my days from 3 to 2 days a week and now my IVA company has said I have to seek full time employment what can I do, I can not do it.
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IVA yearly review
Question in regards to my yearly review - July will be my 2nd annual review for my IVA. I returned to work in Nov as part time rather than full time but forgot to inform the IVA company of this, so continued to pay £267 like I was full time. I have been earning over the 10% threshold of overtime whilst doing part time…
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Dro
I am currently on a dmp paying £650 a month , did owe £36000 , no owe £22000 been on plan 30 months , been off work recently struggling to pay my monthly amount , I do not own my home I have no assets I have a car worth £200 , do I have a chance of having a debt relief order accepted
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Deductions
I have roughly £5,600 in debt store card , phonebill,utilities things like that. I sorted out and got agreed an IVA which was set at a reasonable amount. Due too financial issues I’m now in arrears and there saying IVA will be terminated and the creditors will take it from my benefits!! Are they allowed too do this?
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Dro
Hi I was wondering if anyone can help. I have been accepted for a dro a week ago now. I’m just getting a bit anxious as too if any of my creditors object to it. I stopped paying a debt about a year ago and it was sold to cabhot who I haven’t made a payment too. But then took out a loan after that which I made about 4…
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Barclays won’t update file after DRO
Hi, I’m after some advice, my DRO ended March 2021 and all my other creditors have updated my credit file to reflect my DRO for the DRO date however Barclays won’t. I’ve sent them all paperwork from the DRO and all copies, I’ve sent a copy of my credit file showing that it’s discharged and all done. They keep asking for a…
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Best IVA company to use
Can anyone recommend an IVA company. I have £25k of debt and really need some help. I'm not a homeowner.
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2 Debts with 1 company
I entered an IVA in 2019. Southern Water were included. I have been receiving letters from UK Search Ltd saying I owe Southern Water money. I advised I am in an IVA and Southern Water are on it. They closed the case. I've now started receiving letters again and when I've questioned why, they said that I have 2 debts with…
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IVA Completion certificate came today
So a few months ago I decided to go for a sprout loan to pay off my IVA as for me it was the best thing to do. I can now do overtime at work and receive bonuses without having to give anything to my IP. So just have to wait a few weeks for the insolvency register to update. My question - do my details actually get removed…
